The USDA’s latest Weekly Export sales report showed corn net sales of 291,500 metric tons (MT) for 2013-2014 reported for July 11-17. This is down 49 percent from the previous week and 21 percent below the prior four-week average.
USDA's July World Agricultural Supply & Demand Estimates (WASDE) report kept the projected 2014 U.S. corn yield unchanged from last month at a record 165.3 BPA.
Northern corn leaf blight (NCLB) has been reported in numerous fields in Iowa. Most of the reports have come from central and western Iowa, but since the pathogen that causes this disease is spread by wind and rain, the disease could be more widespread.
Controlling large weeds: Do you feel lucky? (07/17/14)
Exports: Corn exports climb 58% (07/17/14)
Central Illinois Corn Processor Report (07/24/14)
Kentucky Daily Grain Elevators, Open Bids (07/24/14)
Kentucky Daily Barge Report (07/24/14)
Export Grain Bids (07/24/14)
CO/NE/WY Elevator Grain Bids (07/24/14)
Montana Cash Grain Prices (07/24/14)
South Carolina Closing Grain Bids (07/24/14)
North Carolina Grain (07/24/14)
Minneapolis, MN Daily Cash Grain Report (07/24/14)
Exports: Corn net sales (finally) climb (02/27/14)
Exports: Corn net sales plummet 46 percent (02/21/14)
USDA: Corn sales tumble 25% from last week (02/13/14)
WASDE: Corn prices to stay under $5 (02/10/14)
Export sales: Corn tumbles 16 percent (01/24/14)
USDA: Corn sales start 2014 steady (01/09/14)
Corn exports slowly creep higher (12/19/13)
$4.75 corn in 2014? USDA thinks so (12/10/13)
Morning Comments 07/25
Corn futures dipped along with soy prices early Friday morning. Large fall harvest prospects are exerting general pressure on the corn market, but concurrent slippage in the soy complex seemed to weigh on grains as well. A statement from the U.S. Grains Council argued that China forthcoming rule on DDG imports was unworkable may also have triggered selling. September corn dipped 2.75 cents to $3.5875/bushel Thursday night, while December sagged 2.75 cents to $3.6675.